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Sold on 09/30/2024
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1502 W North Ln, Phoenix, AZ 85021

  • $555,000

    Last sold 09/30/2024 for $457K

  • 6

    bed

  • 4

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 1502 W North Ln

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Movoto estimate
Property description
Seller is offering $6,500 to take advantage of lower rates! This multi-dwelling unit is a prime investment opportunity for those seeking long-term, stable tenants already in place. Both units features 3 bedrooms and 1 bathroom. The interior is fully renovated, showcasing contemporary finishes and high-quality materials that enhance comfort and appeal. Designed for lasting value, this property offers investors the advantage of minimal maintenance and strong rental demand. The thoughtful upgrades and prime location make it a desirable home for tenants looking for a permanent residence, ensuring steady, reliable returns on investment.
Listed by
Listing Agent - Jacqueline Perez
Listing Office - eXp Realty
Source: ARMLS mls logo
MLS#6728656 • last updated 1 year ago
Movoto checked ARMLS for data 1 minute ago
Overview
Cooling/AC Ceiling Fan(s), Evaporative Cooling, Electric, Individual, 2 Or More Units
Heating Individual, 2 Or More Units, Natural Gas
MLS # 6728656
Type Multiple Dwellings
Status Closed
Property Tax 680
Year Built 1961
Interior
Flooring Vinyl
Appliances Free-Standing Range, Dishwasher, Microwave, W/D Hookup
Exterior
Roof Other, Composition
Construction Painted, Block
Parking Free, 1 Space/Unit, Carport
# of Open Parking Spaces 1
# of Covered Spaces 1
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision SKYCREST
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 158-35-020
Zoning Mutli
Directions S. On 15th Ave. From Peoria To 1st Right...North Lane. Property Is NW Corner Of N. Lane And 15th Avenue.
Multifamily Details
Total # of Units 2
Expense: Operating 680
Financial Data Source Owner
Net Operating Income 2791
Gross Income 38400
Gross Scheduled Income 38400
$555K
Range: $499K-$610K
Last 30 days 
  • Sep 2024
    mls logo MLS # 6728656
  • Sep 30, 2024 Sold
    $457,500
  • Sep 4, 2024 Pending
    —
  • Aug 19, 2024 Price Change
    $488,000 (-2.4%)
  • Jul 31, 2024 Listed
    —
  • Jul 18, 2024 Pending
    —
  • Jul 8, 2024 Listed
    $500,000 (+25.3%)
  • Sep 2024
    Public Records
  • Sep 30, 2024 Sold
    $457,500 (-6.3%)
  • Jun 2021
    mls logo MLS # 6243924
  • Jun 29, 2021 Price Change
    $399,000 (-11.3%)
  • Jun 1, 2021 Listed
    $450,000 (+63.6%)
  • May 2021
    Public Records
  • May 7, 2021 Sold
    $275,000 (+27.9%)
  • Dec 2019
    mls logo MLS # 5970582
  • Dec 22, 2019 Pending
    —
  • Aug 27, 2019 Listed
    $215,000 (+1.4%)
  • Jun 2006
    Public Records
  • Jun 5, 2006 Sold
    $212,000
  • 1502 W North Ln
    $457K
  • North Mountain
    $389K -6% y/y
  • 85021
    $490K -26% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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